Gunderman Kenny 4

What Happened
Kenny Gunderman, President & Chief Executive Officer and a director of Uniti Group (UNIT), had time‑based restricted stock vest and elected (or the company applied) withholding to cover tax obligations. On Feb 20, 2026, 18,039 shares were withheld at $8.58 each ($154,775) and on Feb 21, 2026, 16,439 shares were withheld at $8.58 each ($141,047), for a total of 34,478 shares and roughly $295,822. This was a tax withholding disposition, not an open‑market sale or purchase.

Key Details

• Transaction type: F (shares withheld to satisfy tax withholding on vested RSUs; footnote F1 confirms this).
• Dates/prices/amounts: 2026-02-20 — 18,039 shares @ $8.58 = $154,775; 2026-02-21 — 16,439 shares @ $8.58 = $141,047. Total 34,478 shares, ~$295,822.
• Filing date: Form 4 filed 2026-02-24 (period of report 2026-02-20).
• Shares owned after transaction: Not disclosed in this filing excerpt.
• Notable footnote: F1 — shares were withheld specifically to satisfy the reporting person's tax obligations arising when time‑based restricted stock vested.
• Market signal: Withholding is a routine, administrative action and does not necessarily indicate a change in the insider’s view of the company.

Context
This was a tax withholding on vested RSUs (a common cashless mechanism). Unlike open‑market sales, withheld shares are normally retained by the company to cover taxes and should be interpreted as a payroll/tax action rather than an expressed investment decision by the insider.